Medical Billing Denial Specialist
About the role
The Specialist is primarily responsible for resolving all insurance claim denials for assigned departments to enhance revenues for CU Medicine providers. The individual in this position will generate effective written appeals to carriers using well-researched logic. Denial Specialists are independently accountable for the denial resolution for their assigned divisions.
Responsibilities
- Audit and resolve insurance claim denials through coding review, contract review, medical record review and carrier interaction.
- Demonstrate a high level of expertise in the management of complicated denied claims.
- Deploy analytical approach to resolve denials and recognize trends/patterns in order to proactively resolve recurring issues.
- Utilize a multitude of resources to ensure correct appeal processes are followed.
- Communicate identified denial patterns to management.
- Prioritize and process large volume of denials and maintain high quality of work.
- Serve as an escalation point for unresolved denial issues.
- Inform team members of payer policy changes.
- Assist in training new employees as assigned.
- Collaborate on special projects as needed.
Requirements
- 3-5 years experience in medical practice billing with exposure to working with denials, appeals, insurance collections and related follow-up.
- Bachelor’s degree in a related field is strongly preferred.
- Must have ICD-10 and CPT coding assessment skills, CPC certification is preferred.
- Intermediate PC software experience required.
Qualifications
- Prioritize and process large volume of denials and maintain high quality of work.
- Serve as an escalation point for unresolved denial issues.
- Inform team members of payer policy changes.
- Avoiding repetitive tasks and maintaining high quality of work.
Skills
- Intermediate PC software experience.
- Advanced verbal and written communication skills.
- A solid understanding and ability to apply contract language in conjunction with a comprehensive understanding of claims denial appeal logic.
Benefits
CU Medicine provides generous leave, health plans and retirement contributions which take your total compensation beyond the number on your paycheck.
Pay
The listed pay range (or hiring rate) represents CU Medicine’s good faith and reasonable estimate of the range of possible compensation at the time of posting and is based on evaluation of competitive market data. A variety of factors, including but not limited to, internal equity, experience, and education will be considered when determining the final offer.
Schedule
Candidates must be able to work 100% remotely.